FOODARAMA POSTS 4Q LOSS AFTER $1.2 MILLION CHARGE

FREEHOLD, N.J. -- Foodarama Supermarkets here posted a loss for its fiscal fourth quarter after taking a charge of about $1.2 million for the write-down of leasehold improvements at a single store.The 26-store ShopRite operator said its loss for the 13-week period ended Oct. 30, 2004, totaled $892,000, vs. net income of $1.23 million in the year-ago fourth quarter. Sales increased about 12% for the

FREEHOLD, N.J. -- Foodarama Supermarkets here posted a loss for its fiscal fourth quarter after taking a charge of about $1.2 million for the write-down of leasehold improvements at a single store.

The 26-store ShopRite operator said its loss for the 13-week period ended Oct. 30, 2004, totaled $892,000, vs. net income of $1.23 million in the year-ago fourth quarter. Sales increased about 12% for the period, to $298.64 million. Same-store sales were up 0.2% for the 22 stores open in bo

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